(Promax) Promax complete technical analysis [charts+indicators] | Buy/Sell Promax | (Promax) share price targets
Complete technical analysis of Promax (Promax) by charts plus indicators, forecast predictions and share price targets for Promax (Promax)
Showing technical analysis as on 2024-06-28 View latest technical analysis
10 day averaged volume of Promax is 19000
Date | Daily Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 55.00 | 52.90 | 55.00 | 52.90 | 0.526 times |
27 Thu Jun 2024 | 52.95 | 57.90 | 57.90 | 52.73 | 1.711 times |
26 Wed Jun 2024 | 55.50 | 55.68 | 55.68 | 55.50 | 1.053 times |
25 Tue Jun 2024 | 53.03 | 53.03 | 53.03 | 53.03 | 0.526 times |
24 Mon Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 1.974 times |
21 Fri Jun 2024 | 48.11 | 48.11 | 48.11 | 48.10 | 1.974 times |
20 Thu Jun 2024 | 45.82 | 45.82 | 45.82 | 45.82 | 0.263 times |
19 Wed Jun 2024 | 43.64 | 41.57 | 43.64 | 41.57 | 1.053 times |
18 Tue Jun 2024 | 41.57 | 41.57 | 41.57 | 41.57 | 1.184 times |
14 Fri Jun 2024 | 46.05 | 46.05 | 46.05 | 46.05 | 0.132 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54, but if it comes below 54, then a intra day sell could be more profitable.
If you take a sell trade below 54, then use 54 as stoploss and 49.86 as target. However if you take a buy trade in stock , then use 54 as stoploss and 59 as target.
Share price targets for Promax (Promax)
Target Type | Value |
Downside Target | 41.57 |
Downside Target | 46.03 |
Downside Target | 48.10 |
Downside Target | 51.89 |
Downside Target | 54.55 |
Upside Target | 57.90 |
Upside Target | 64.40 |
Upside Target | 65.15 |
Upside Target | 68.40 |
Upside Target | 136.85 |
Upside Target | 141.70 |
Upside Target | 151.60 |
Upside Target | 185.64 |
Intraday share price targets for Promax (Promax)
Target Type | Value |
Downside Intraday Target | 49.43 |
Downside Intraday Target | 43.87 |
Upside Intraday Target | 59.23 |
Upside Intraday Target | 63.47 |
Downside Intraday Target | 53.67 |
Weekly technical analysis of Promax (Promax)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 55.00 | 48.11 | 57.90 | 48.10 | 1.294 times |
21 Fri Jun 2024 | 48.11 | 41.57 | 48.11 | 41.57 | 2.429 times |
14 Fri Jun 2024 | 46.05 | 48.50 | 51.89 | 46.03 | 0.778 times |
07 Fri Jun 2024 | 51.00 | 55.00 | 55.00 | 46.82 | 1.2 times |
31 Fri May 2024 | 54.60 | 60.44 | 64.40 | 54.55 | 0.652 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Promax (Promax)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Fri Jun 2024 | 55.00 | 55.00 | 57.90 | 41.57 | 3.056 times |
31 Fri May 2024 | 54.60 | 61.90 | 68.40 | 54.55 | 0.409 times |
30 Tue Apr 2024 | 65.15 | 130.05 | 141.70 | 65.15 | 29.333 times |
12 Tue Mar 2024 | 136.85 | 151.60 | 151.60 | 136.85 | 0.009 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Promax (Promax)
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Promax stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Promax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Promax in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Promax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.97 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Promax ( (Promax) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Promax stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Promax in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Promax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Promax in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Promax is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.97 and Promax (Promax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Promax (Promax) stock. Volume based technical analysis of Promax (Promax) stock is negative.
Promax Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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